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Social Welfare and the Market Economy.
- Source :
-
Social Science Quarterly . Dec 1992 73(4):815-828. - Publication Year :
- 1992
-
Abstract
- Reports on a study that questions whether private enterprise can maintain quality while reducing costs of providing social welfare services. Reviews three aspects of privatization: (1) competitive markets; (2) rationality; and (3) cost reduction. Concludes by questioning a central claim of economic theory: that free markets and private firms are the most effective and efficient mechanisms for producing and distributing all goods and services. (CFR)
Details
- Language :
- English
- ISSN :
- 0038-4941
- Volume :
- 73
- Issue :
- 4
- Database :
- ERIC
- Journal :
- Social Science Quarterly
- Publication Type :
- Report
- Accession number :
- EJ469726
- Document Type :
- Reports - Research<br />Opinion Papers<br />Journal Articles